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Recent Articles

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Ikea to raise its global prices by average of 9%, citing supply chain bottlenecks, surging cost of materials amid pandemic; price hikes will have larger relative impact in North America due to operational, transport, logistics costs, company says

Egger's sales in H1 of FY 2021/2022 up 36.5% year-over-year to €1.98B, earnings up 62.9% to €478.6M; capacity increases from new plants, special economic circumstances in construction and furniture contributed to sales, despite raw material challenges

Pakistan launches first online national pavilion on JD.com to bring Pakistani products to China's online market; Pakistan's ambassador to China says food products, garments, leather products, sports goods, furniture could be promoted through platform

Wayfair to open three brick-and-mortar stores in Massachusetts in 2022, featuring two locations for brand AllModern, one Joss & Main location; Wayfair plans to launch additional stores representing all five of its brands over next two years

Residential furniture manufacturer Cisco Home ranks first on 2021 Wood Furniture Scorecard, an annual sustainability rating program issued by the Sustainable Furnishing Council and National Wildlife Federation; Williams-Sonoma, IKEA also among top firms

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